Bundle Up for a Secure Future!

*Purchase a qualifying Life Insurance policy and
place your cash in SMART Park to
enjoy 6% p.a. guaranteed returns
for 3 months.

For a limited time only!

Purchase a suitable qualifying life insurance

Approach your existing Financial Advisor

Alternatively, you can look for one at
Phillip Investor Centres
or
Find a specialist online

&

Enjoy 6% p.a. guaranteed returns on your cash

01
Enjoy 6% p.a. guaranteed returns on your first S$50,000 of fresh funds placed in SMART Park.1 Subsequent top-ups will be at 3.4514% p.a.2
02
Maintain your funds in the account for 3 months3

Step 1

Approach your existing Financial Advisor to purchase a suitable life insurance

Alternatively, you can look for one from
Phillip Investor Centres
or
Find a specialist

Step 2

Deposit up to $50,000 in your account to enjoy 6% p.a. guaranteed returns for 3 months.1

Step 3

Maintain your deposit in the account for 3 months to enjoy the 6% p.a. guaranteed returns!2

1 If you are holding a POEMS equity account, please opt-in to SMART Park.
Rates are for SGD and updated as of 15 January 2024. Based on the average rate of annualised returns over the last rolling week.
Past performance is not necessarily indicative of future performance.
3 Start of the 3-month guaranteed return period will be 14 days after the inception date of your insurance policy.
Refer to full Terms & Conditions for details.

How is the 6% p.a. Guaranteed Returns derived?

SMART Park Returns
over 3 months

We will top up the difference

What is SMART Park?

SMART Park is an Excess Funds Management Facility that invests and manages your cash automatically, on a discretionary basis, into the Phillip Money Market Fund.

It helps make your money work harder and smarter!

Real Returns, Not a Projection
 
Rates illustrated are real returns!
Trusted with S$ 1+ Billion
 
One of the Largest^ retail SGD MMF, consisting of high quality, short-term instruments, including
  • High quality government and corporate bonds
  • Commercial bills and fixed deposits
^Based on Total Net Assets (TNA) figures reflected in FundSingapore.com
Trusted Financial Institution
 
Serving institutions and retail investors for over 48 years 

For more information, visit our product page here

Need assistance? Contact Us

Customer Service Hotline: 6531 1555
Email: talktophillip@phillip.com.sg

Are Money Market Funds superior?

SMART Park invests in Money Market Funds (MMF) that have stricter investment guidelines – from investment grades, concentration limits and liquidity as compared to non-MMFs like Bond Funds.

We chose MMFs as liquidity and quality of the underlying are essential for capital preservation and stable returns to serve our Customers’ long term needs.

Understand more about SMART Park through these articles:

Frequently Asked Questions

  1. You will need to first purchase a qualifying insurance plan.
  2. Subsequently, make a deposit of fresh funds (from S$1,000, capped at S$50,000) to your account. For trading accounts (Cash Plus, Cash Management, Margin, Prepaid, Custodian accounts), please ensure that you have opted-in to SMART Park Excess Funds Management Facility. 
  3. 14 days after successful inception of your qualifying insurance plan, your 90-day period of 6% p.a. guaranteed returns will start. Maintain your deposit in the account for the full 90-days to enjoy the promotion.
Category Policy Term Minimum Premium To be submitted by
Savings/ Retirement/ Investment Linked Policies Single Premium S$30,000 Application to be submitted by 31 Mar 2024 and policy to be issued by 30 Apr 2024
Regular Premium S$6,000 Annual Premium
Please contact our Licensed Representatives for more information on the full list of qualifying insurance plans. Please check the Terms & Conditions for the exclusion list.

The 90- day period will commence 14 days after the successful inception date of the qualifying insurance plan’s policy. It will be calculated based on 90 calendar days. 

Yes, you can make multiple deposits to accumulate your total deposits for the Promotion (capped at S$50,000). However, do note that the deposit must be credited to your account and placed into the Phillip Money Market Fund (PMMF) from the Qualifying Insurance Plan in the period between the sign-up date and two weeks after the Qualifying Insurance Plan’s inception date. 

For example, Client A policy sign up date is 15 Jan, policy Inception date is 31 Jan, hence funds must be credited between 15 Jan and 14 Feb (14 Days after 31 Jan)


Any debit transaction, including fee deduction, withdrawal, and trade settlement resulting in the account balance falling below the deposited value during the 90-day period will result in the Eligible Customer being disqualified from the Promotion.

After the 90-day period has ended, PSPL will top up the difference between the guaranteed returns of 6% p.a. and the SMART Park returns that your cash has made during the period.

Example:

Customer A funded S$50,000 and held the deposit of S$50,000 over 90 days.
He will get S$739.72 from the promotion
S$50,000 X [(6%/365 days) X 90 days] = S$739.72.

Let’s say during this period, Customer A’s cash in SMART Park grew 3% p.a. for the 90-day period which equates to S$369.86 in valuation. 

PSPL will credit the Bonus Returns of: S$739.72 – S$369.86 = S$369.86

The Bonus Returns (i.e. difference between 6% p.a. and the underlying SMART Park return) will be paid out in SGD in your account.

The Bonus Returns (i.e. difference between 6% p.a. and the underlying SMART Park fund return) will be credited in lump sum to your account within 30 business days after the 90-day period ends. The 6% p.a. guaranteed returns consist of 2 components:

  • Returns earned in valuation of your deposits that were placed in SMART Park Phillip Money Market Fund (PMMF).
  • We will top up the difference between 6% p.a. and the returns that your deposit has earned from the SMART Park PMMF into your account.
  •  

Individual Cash Plus, Cash Management, Margin, Prepaid, Custodian and UT advisory wrap accounts.

Cash Trading and Share Financing Accounts are not eligible for this promotion. You may consider opening an eligible account type or converting your Cash Trading account to a Cash Management Account.

To convert to Cash Management account, Login to POEMS 2.0 Website > Acct Mgmt > Stocks > Online Forms. Cash Trading Account with existing GIRO facility has to be terminated before we can process the conversion to Cash Management Account.

Via POEMS 2 Web:
Login > Acct Mgmt > Stocks > Transaction History > Summary of Portfolio > MMF

Via POEMS 3 Mobile App:
Login > Trade tab > View Earnings

Via Phillip MyWealth Mobile App:
Login > Home > SMART Park banner > View my Cash & Equivalents

You can continue to keep your idle cash in SMART Park to earn better returns and combat inflation.

SMART Park Rates shown on the website HERE are based on a 7-days annualised return with net income and dividends reinvested and calculated on a single pricing basis (NAV/NAV prices). Returns shown are net of fund expenses. Do note that past performance is not necessarily indicative of future performance.

Terms and Conditions

Purchase a qualifying Life Insurance policy and place your cash in SMART Park to enjoy 6% p.a. guaranteed returns* for 3 months.

Category Policy Term Minimum Premium To be submitted by
Savings/ Retirement/ Investment Linked Policies Single Premium S$30,000 Application to be submitted by 31 Mar 2024 and policy to be issued by 30 Apr 2024
Regular Premium S$6,000 Annual Premium

Please contact our Licensed Representatives for more information on the eligible plans.
*T&Cs apply

Terms & Conditions

  1. Definitions:
    1. “Promotion Period” refers to the period between 15 Jan 2024 (0000 hrs.) and 31 Mar 2024 (2359hrs.), both dates inclusive.
    2. “Eligible Customer” refers to a customer whose application or proposal for any Qualifying Plan is submitted to Phillip Securities Pte Ltd during the Promotion Period and satisfies the eligibility criteria in para 2 below.
    3. “Qualifying Plan” refers to any life insurance policy that meets the criteria as stated in the table above and is not on the exclusion list. Investment-linked policies (ILPs) and life policies purchased online via advisers’ unique URLs are excluded from this promotion.
    4. “Bonus Returns” refers to the difference between 6% p.a. and the underlying SMART Park fund return
  2.  Eligibility:
    1. This Promotion is open to all customers of Phillip Securities Pte Ltd (“PSPL”).
    2. An Eligible Customer is entitled to participate in this promotion, in accordance with these Terms and Conditions, if the customer’s proposal for any Qualifying Plan is submitted to PSPL during the Promotion Period and the policy is issued by 30 April 2024.
    3. The Qualifying Regular Premium Plan must be in annual premium payment mode, and the total initial premium collected must meet the values as stated in this table.
      Category Policy Term Minimum Premium To be submitted by
      Savings/ Retirement/ Investment-Linked Policies Single Premium S$30,000 Application to be submitted by 31 Mar 2024 and policy to be issued by 30 Apr 2024
      Regular Premium S$6,000 Annual Premium
    4. Upon inception, the Qualifying Plan must pass the 14-day free-look period.
  3. Exclusion List:
    1. Exclusion List:
      Premium Term Excluded Plans
      Single Premium HSBC Life Wealth Invest
      Income Gro Annuity
      Income Wealthlink
      Tokio Marine Wealth Aspire
      Tokio Marine Wealth Enhancer
      Regular Premium China Life FlexiCash Growth
      China Taiping i-Saver 8
      China Taiping i-Wealth Saver
      eTiQa Enrich Flex Plus
      eTiQa Enrich Income
      eTiQa Enrich Retirement
      FWD Invest First
      Income Gro Power Saver Pro
      Tokio Marine Atlas Wealth
    2. For regular premium term, only investment linked policies (ILP) with a minimum of 5 years fixed premium term will be eligible. Flexi ILPs must have a minimum mandatory premium term of 5 years.
      For example: Singlife Savvy Invest 5 Years Flexi will not be eligible as only the first 3 years of premium is mandatory whereas Manulife InvestReady (III) 7 Years Flexi 5 will be eligible as the first 5 years of premium is mandatory.
    3. Any new products launched during the campaign period will be subject to eligibility.
    4. All tranche products are excluded in this campaign.
  4. To enjoy 6% p.a. guaranteed returns for 3 months (90 days) on cash deposit placed in SMART Park:
    1. Each Eligible Customer will be entitled to enjoy 6% p.a. guaranteed returns for 3 months (90 days), from a minimum of S$1,000, up to a maximum amount of S$50,000 placed in SMART Park for the Qualifying Plan issued.
    2. No combination of annual premium policies is allowed. Example:
      Mrs Tan purchases 2 policies.
      Plan A: S$3,000 Annual Premium
      Plan B: S$9,000 Annual premium
      She will be eligible for the promotion in respect of Plan B only.
    3. Eligible Customers may choose to deposit the funds into an existing eligible account or open a new eligible account.
      1. Customer must opt in and consent to the “Excess Funds Management Facility (SMART Park)” before the Qualifying Plan’s for account type such as Cash Plus, Cash Management, Prepaid, Custodian, Margin accounts.
    4. Eligible account types:
      1. Individual accounts namely, Cash Plus, Cash Management, Prepaid, Custodian, Margin, and UT advisory wrap accounts (cash fund source).
    5. The deposit has to be fresh SGD cash funds transferred from the Eligible Customer’s bank account, and does not include funds transferred within PSPL accounts, cash dividends, sales proceeds or account credit transactions.
    6. The deposit must be credited into the Eligible Customer’s PSPL account from the insurance sign up date to two weeks (14 days) after the policy inception date.
    7. The Bonus Returns will be calculated based on a period of 90 days, starting from 2 weeks (14 days) after the Qualifying Plan’s inception date, provided that a qualified deposit is made.
    8. The Bonus Returns will be credited in a lump sum to the Eligible Customer’s PSPL account within 30 business days after the 90-day period ends.
    9. Any debit transaction, including fee deduction, withdrawal, and trade settlement resulting in the account balance falling below the deposited value during the 90-day period will result in the Eligible Customer being disqualified from the Promotion.
    10. Each Eligible Customer is only eligible for one Bonus Returns in one of the accounts
    11. If an Eligible Customer has more than 1 eligible PSPL account, only the account first funded with S$1,000 or more (1 lump sum) will be considered to be eligible for the bonus reward.
    12. Eligible Customer must be at least 18 years of age and not a US person (an individual who is a US Citizen or US resident).
    13. The following persons are not eligible to participate in this Promotion unless approved by the management of PSPL:
      1. PSPL’s institutional customers and corporate customers
      2. PSPL account holders whose accounts have been suspended, cancelled or terminated
      3. Joint account holders
      4. Customers who engage the services of a representative from an external provider (B2B)
      5. Employees and Representatives of PSPL
  5.  Payout:
    1. How are the 6% p.a. guaranteed returns for 90-day period calculated?
      After the 90-day period has ended, PSPL will top up the difference between 6% p.a. and SMART Park returns that your cash has made from SMART Park.
      Example:
      Customer A funded S$50,000 and held the deposit of S$50,000 over 90 days.
      He will get S$739.72 from the promotion
      S$50,000 X [(6%/365 days) X 90 days] = S$739.72.
      Let’s say during this period, Customer A’s cash in SMART Park grew 3% p.a. for the 90-day period which equates to S$369.86 in valuation.
      PSPL will credit the Bonus Returns of: S$739.72 – S$369.86 = S$369.86
    2. The Bonus Returns will be paid out in SGD in your account.
  6. General Terms & Conditions:
    1. PSPL makes no warranty or representation as to the quality, merchantability or fitness for purpose of the merchants’ goods and services in respect of the Promotion. Any dispute about the same must be resolved directly with the Insurer. The Insurer’s Terms and Conditions apply in respect of the life policy(ies) purchased by customers.
    2. In the event of any inconsistency or discrepancy between the terms and conditions and the contents of any brochure, marketing and/or promotional materials relating to the Promotion, these Terms and Conditions apply. By participating in the Promotion, each Eligible Customer is deemed to have accepted and agreed to be bound by these Terms and Conditions and any other instructions, terms and conditions that PSPL may issue from time to time.
    3. PSPL assumes no responsibility for incomplete, lost, late, damaged, illegible or misdirected forms or email communication, for technical hardware or software failures of any kind, lost or unavailable network connections, or failed incomplete, distorted or delayed electronic transmission which may limit an Eligible Customer’s ability to participate in the Promotion.
    4. PSPL has the sole and absolute discretion to exclude any Eligible Customers from participating in the Promotion without any obligation to furnish notice and/or reason.
    5. PSPL reserves the right to disqualify or disregard any Eligible Customer who does not comply with the Terms and Conditions.
    6. PSPL may at its discretion forfeit the Promotion, or, if already awarded, reclaim the Promotion at the expense of the Eligible Customer without payment, compensation, or having to give any reason whatsoever in the event PSPL subsequently discovers that the Eligible Customer is not eligible to participate in the Promotion and/or to receive the Promotion.
    7. PSPL shall not be liable for any loss of, damage to, defects, delay, mis-delivery or non-delivery of the Promotion.
    8. PSPL reserves the right to deal with any unclaimed Promotion in any manner it deems fit.
    9. PSPL reserves the right to request for the Eligible Customers’ proof of eligibility, identity and/or otherwise for the purposes of verifying the Eligible Customers’ claim to the Promotion at the time of collection.
    10. PSPL is under no obligation whatsoever to disclose the identity of the Eligible Customers or to publish the same for any reason at any point of time.
    11. The Promotion is non-transferable, not exchangeable for cash, credit or any other items of equivalent value.
    12. By participating in this Promotion, each Eligible Customer agrees and consents to the collection, use and disclosure of any and all personal data of the Eligible Customer by PSPL and its advertising and promotional agencies for the purpose of administering and/or publicising the Promotion, and providing the Eligible Customer with marketing, advertising and promotional information or materials relating to the products and services that PSPL offers.
    13. If an Eligible Customer provides PSPL with personal data of any third party, that Eligible Customer hereby:
      1. agrees on behalf of that third party to be bound by the Terms and Conditions contained herein; and
      2. consents on behalf of that third party, to PSPL’s collection, use, disclosure and processing of his/her personal data in accordance with the Terms and Conditions contained herein.
      3. warrants that he/she has obtained the said third party’s prior consent to such collection, use, disclosure and processing of his/her personal data by PSPL and that the personal data that the Eligible Customer provides to PSPL is true, accurate and complete.
    14. PSPL shall not be liable for any third party’s misuse of the Eligible Customer‘s submitted information as a result of the Eligible Customer taking part in the Promotion.
    15. PSPL may at any time at its absolute discretion, without prior notice or assigning any reason thereof or being liable to any person,
      1. suspend, cancel or terminate the Promotion, or
      2. delete, vary, supplement, amend, modify any one or more of the terms and conditions of the Promotion.
    16. PSPL’s determination of all matters in connection with the Promotion shall be final, binding and conclusive.
    17. PSPL is not obliged to give any reason or prior notice on any matter concerning the Promotion Period or the Promotion. No appeal, correspondence or claims will be entertained. PSPL has the right and discretion to determine whether a party has met the requirements of the Promotion and/or to redeem the Promotion. Eligible Customers shall not be entitled to any damages or compensation whatsoever or howsoever arising as a result of such amendment, suspension or termination.
    18. By participating in the Promotion, all Eligible Customers agree and undertake to, at all times, indemnify, keep indemnified, and hold PSPL, its employees and agents harmless against all losses (including direct, indirect, incidental and/or consequential losses), damages (including general, special, and/or punitive damages), demands, injuries (other than personal injury caused by PSPL‘s negligence), claims, costs, penalties, interest and fees (including all legal fees as between solicitor and Customer or otherwise on a full indemnity basis whether or not incurred in respect of any real, anticipated, or threatened legal proceedings), howsoever caused by, arising or resulting from, whether directly or indirectly, their participation in the Promotion, acceptance or usage of the Promotion, and/or any breach or purported breach of these terms and conditions shall prevail.
    19. Any trademarks, graphic symbols, logos or intellectual property contained in any materials used in connection with this Promotion, in particular the Promotion, are the property of their respective owners. PSPL is not affiliated with, or endorsed or sponsored by, such owners and their relevant affiliates.
    20. Failure by PSPL to exercise any of its right or remedy under these Terms and Conditions does not constitute a waiver of that right or remedy.
    21. The Terms and Conditions shall be governed by Singapore law and the Eligible Customers agree to submit to the exclusive jurisdiction of the courts of Singapore.
    22. A person who is not a party to any agreement governed by these terms and conditions shall have no right under the Contracts (Right of Third Parties) Act 2001 to enforce any of these terms and conditions.
    23. In case of dispute, the decision of PSPL shall be final.
    24. PSPL, its affiliates and their respective employees and agents shall not be liable to any person for any loss, damage, injury, costs or expenses incurred, suffered, borne or arising from this promotion.
    25. The Eligible Customer understands that he/she is entitled to withdraw his/her consent for the collection, use and disclosure of his/her personal data by notifying the Data Protection Officer (“DPO”) of in writing. The Eligible Customer also understands that, by withdrawing his/her consent may mean that PSPL is unable to proceed with the respective Promotion redemption.
    26. PSPL reserves the right at any time in its absolute discretion to
      1. amend, add to, and/or delete at any time of these Terms & Conditions without prior notice (including eligibility and qualifying terms and criteria), and all participants shall be bound by such amendments, additions and/or deletions when effected, or to
      2. vary, withdraw, and/or cancel any items or the promotion itself without having to disclose a reason, and without any compensation or payment whatsoever. PSPL’s decision on all matters relating to the promotion are final and binding on all customers.
    27. By taking part in this campaign, the customer acknowledges that he / she has read and consented to these Terms & Conditions.

Important Note:

This advertisement is intended for general information only and does not constitute a recommendation, an offer or solicitation to buy or sell the investment product mentioned.

All insurance products are subject to the limitations and conditions in the insurance policies and exclusions of the plans are specified in the respective policies from the insurance companies. Insurance products are obligations only of the insurance companies. They are not bank deposits or obligations of, or guaranteed by Phillip Securities Pte Ltd or any of its affiliates. Buying a life insurance policy is a long-term commitment.

Investments in investment-linked policies (ILP) are subject to investment risks including the possible loss of the principal amount invested.  The value of the units and the income from them may fall as well as rise. You should read the product summary and product highlights sheet before deciding whether to subscribe for units in the ILP sub-fund.

You may wish to obtain advice from a financial adviser before making a commitment to purchase any investment products mentioned herein. In the event that you choose not to obtain advice from a financial adviser, you should consider whether the investment product is suitable for you.

This advertisement has not been reviewed by the Monetary Authority of Singapore.

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